We are proud to participate in the two largest privatizations to date and pivotal deals for the energy sector in Greece: the sale of DEPA Infrastructure S.A. and the disposal of 49% of the Hellenic Electricity Distribution Network Operator SA (HEDNO).
A team led by Christina Faitakis represents Italgas, the leading Italian gas distributor, who, following an offer of 733 million euro, has been selected as “Preferred Bidder” in the tender process for the acquisition of 100% of the share capital of DEPA Infrastructure S.A.
Alexandros Metallinos is leading the team that advises PPC S.A. the Greek state-owned energy company, for the disposal of up to 49% of the shares of HEDNO S.A., a process in which the Australian fund Macquarie Group was declared the highest bidder. Macquarie offered a purchase price of 2.116 billion euros making the sale of the 49% of HEDNO S.A. the largest privatization of the recent years.
We look forward to a successful completion of both transactions!